The yellow metal recorded a new high at the beginning of the European session today, Tuesday, Monday, February 19, to compensate for its losses recorded at the end of last week's trading, benefiting from the US President's statements, as it is now trading at $2943 per ounce, up 0.26% after testing $2947 levels earlier, while silver is rising by about...
The Consumer Price Index (CPI), which measures inflation in the UK, rose to 3% year-on-year in January from 2.5% in December, beating expectations of 2.8%, according to data released by the Office for National Statistics (ONS) on Wednesday morning. On a monthly basis, the CPI fell by 0.1% in January, compared to a decline of around 0.6% in January 2024....
Canada's consumer price index (CPI) rose 1.9% year-over-year in January, according to figures released just moments ago, compared to 1.8% in December, better than expected, while the core CPI, which excludes gasoline prices, rose 1.7% year-over-year. On a monthly basis, the index rose 0.1% in January after falling 0.4% in December, matching market expectations.
In a move that is the first of its kind since 2020, the Board of Directors of the Reserve Bank of Australia decided in its meeting this morning, Tuesday, February 18, to change its monetary policy as expected and cut interest rates by 25 basis points to reach 4.10% after the bank maintained interest rates at 4.35% since November 2023...
The Japanese economy recorded a growth in gross domestic product of about 2.8% in the fourth quarter ending in December of last year, according to data released by the Japanese Prime Minister's Office this morning, Monday, in the Asian session, better than expected, compared to a growth in the third quarter of the year by 1.7% revised to support the...
Data released moments ago by the US Census Bureau showed that US retail sales fell short of market expectations in January to reach $723.9 billion, down 0.9% compared to a 0.7% increase in the revised December reading, up from 0.4%, while expectations were for a 0.2% decrease, while the index recorded a growth of 4.2% on an annual basis compared...
Preliminary estimates from the Office for National Statistics in Britain showed that the UK's gross domestic product rose by 0.4% in December, better than expectations that it would remain stable at the November reading of 0.1%, revised from 0.2%, mainly supported by growth in the services sector. With this reading, the UK economy is expected to grow by 0.1% in...
Data released moments ago by the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.5% in January after rising by about 0.4% in December, exceeding expectations of a 0.3% increase, while the core index, which excludes food and energy prices, rose by 0.4% compared to 0.2% in December (expectations 0.3%). In...
Crude oil prices continue to rise for the third consecutive session in the middle of the European session today, Tuesday, February 11, after concerns about Russian and Iranian oil supplies increased, with crude oil recording gains exceeding 2.5% since the beginning of the week, amid anticipation in the markets for the initial inventory figures from the American Petroleum Institute this...
Metals have been reacting higher since the beginning of the week's trading for the opening session of the week today, Monday, February 10, as gold rose by more than 1.5% after the US President's statements, recording a new record high in trading at $2903 per ounce, while silver rose by about 1.49%, trading at $32.29 per ounce. The yellow metal...